Ballast Financial Advisors LLC Buys Shares of 451,800 Schwab U.S. Aggregate Bond ETF $SCHZ

Ballast Financial Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 451,800 shares of the company’s stock, valued at approximately $10,559,000. Schwab U.S. Aggregate Bond ETF comprises approximately 10.9% of Ballast Financial Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Ballast Financial Advisors LLC owned 0.11% of Schwab U.S. Aggregate Bond ETF as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in Schwab U.S. Aggregate Bond ETF by 3.7% in the fourth quarter. JPMorgan Chase & Co. now owns 12,588,220 shares of the company’s stock worth $294,187,000 after purchasing an additional 451,820 shares in the last quarter. Rockbridge Investment Management LCC increased its holdings in Schwab U.S. Aggregate Bond ETF by 12.6% in the fourth quarter. Rockbridge Investment Management LCC now owns 8,957,935 shares of the company’s stock worth $209,347,000 after purchasing an additional 999,097 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Schwab U.S. Aggregate Bond ETF by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock worth $173,387,000 after purchasing an additional 98,660 shares in the last quarter. Avantax Planning Partners Inc. increased its holdings in Schwab U.S. Aggregate Bond ETF by 3.7% in the fourth quarter. Avantax Planning Partners Inc. now owns 7,447,340 shares of the company’s stock worth $174,044,000 after purchasing an additional 264,273 shares in the last quarter. Finally, Charles Schwab Trust Co increased its holdings in Schwab U.S. Aggregate Bond ETF by 4.5% in the fourth quarter. Charles Schwab Trust Co now owns 6,215,188 shares of the company’s stock worth $145,249,000 after purchasing an additional 268,364 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.4%

Shares of SCHZ stock opened at $23.06 on Thursday. The stock has a 50 day simple moving average of $23.13 and a two-hundred day simple moving average of $23.31. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.77 and a fifty-two week high of $23.73.

Schwab U.S. Aggregate Bond ETF Profile

The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.